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Oct 12, 2012
10/12
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ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little sol little quill on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> reporter: when biden wasn't talking, he seemed oddly amused. by our count -- smiling or breaking out in laughter 92 separate times. expressive, often interrupting and occasionally personal. >> this is a bunch of stuff. look, here's the deal. >> what does that mean, a bunch of stuff? >> well, it means it's simply inaccurate. >> it's irish. >> it -- it is. we irish call it malarkey. >> thanks for the translation. >> reporter: and ryan needled ryan over the president's performance in last week's debate. >> i know you're under a lot of duress to make up for lost groun
ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little sol little quill on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i...
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Oct 12, 2012
10/12
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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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Oct 12, 2012
10/12
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CURRENT
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>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
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Oct 12, 2012
10/12
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MSNBC
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>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> so we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i'm going to get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics -- >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies guaranteed, verified this math adds up. >> vice president biden? >> let me translate. let m
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of...
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Oct 14, 2012
10/12
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FOXNEWS
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reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to bring down the rate 20%. six different studies said this is -- >> chris: those studies are questionable. some of them are blogged. some from the aei which is hardly an independent group. >> these are credible sources and -- >> chris: one is from a blog from a guy who was a top advisor to george w. bush. these are hardly nonpartisan studies. >> if you look at harvard and aei and other studies they are are credible sources. >> chris: you wouldn't say that aee is a conservative think tan
reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would...
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Oct 14, 2012
10/12
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WBFF
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and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question from independent people, how do you pay for it and you refuse say. >> what we have said is we are going to pay for it by limiting deductions in the polls -- and, by the way, making sure for the middle class, that protecting the home mortgage deduction and other important deductions for them and at the high end you would eliminate deductions and, you know, a lot of special interest loopholes that would allow you to bring down the rate 20%, six studies... >> chris: those are questionable, some of them are blogs and some from the aei... an independent group. >> these are credible sources, and, you know... >> chris: from a guy who is -- a blog from a high who was a top advisor to bush. these are hardly nonpartisan studies. >> harvard an aei and other studies -- >> you went say aei is a conservative think tank. >> i would say it is a right-leaning think tank. it doesn'
and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question from independent people, how do you pay for it and you refuse say. >> what we have said is we are going to pay for it by limiting deductions in the polls -- and, by the way, making sure for the middle class, that protecting the home mortgage deduction and other...
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he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? i mean, you can't call me up and tell me what the number is going to be? >> no, i can't tell anyone. it's a complete -- a complete secret. >> reporter: before the release, they are literally sworn to secrecy. the white house doesn't see their work until it's done. and nardone keeps the report in a safe in his office. you've been working here more than 20 years. have you ever had a situation, or heard of a situation, where somebody at the white house calls and says, hey, can you move the number a little bit? >> absolutely not, has never happened. >> reporter: could it happen? >> a lot of people would be leaving this building if it did. it would not happen. >> reporter: today, the american enterprise institute, a prominent conservative think tank here in washington, dismissed suggestions that the white house had interfered with th
he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? i mean, you can't call me up and tell me what the number is going to be? >> no, i can't tell anyone. it's a complete -- a complete secret. >> reporter: before the release, they are literally sworn to secrecy. the white house doesn't see their work until it's done....
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Oct 12, 2012
10/12
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CURRENT
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>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions, so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions, so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
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Oct 12, 2012
10/12
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>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 paid more than that. do you think that's fair? he said oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, the reason why. aei study, the american enterprise institute study, the tall policy center study, the reason they say taxes are going up on the middle class, the only way you can find $5 trillion in loopholes is cut the
>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on...
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Oct 13, 2012
10/12
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FOXNEWSW
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ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should have said to joe biden. he voted for 50 to 28%. and the democrats led the fight over the years and kerry brown he wanted 100 percent to pay income tax at the exact same rate and came in second in the primary in 1992 in the democratic party. everyone knows you should have a low rate flat tax for economic growth and/or fairness. it is the right way to go. >> i'm sorry. but everyone having skin in the game. >> exactly. >> they are not looking at the poorest among us. but if you have a stake in the game you are interested in the game and you
ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should...
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Oct 12, 2012
10/12
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>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it was about 10 days ago-- was asked, governor you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said oh, yes, that's they are, that's fair. and they're going-- you think these guys are going to go out there and cut those loopholes. the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. there's not enough it's reason why the a.a.i. study, the american enterprise institute study, the tax policy study, the reason they say taxes will go up on the mid
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it...
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Oct 14, 2012
10/12
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reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did not. >> to the extent there has been a marked absence of collaboration or friction between the worlds of politics and business, you but the lion's share on the political side? >> i would put more on the political side. everyone i know is coming down and asking what they can do for help. it surprised me when someone asked a question, do you want universal health care pro- american citizens, 80% say yes. they wanted done right a certain way, but there was a huge effort to pull together to make it work. it didn't happ
reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did...
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Oct 10, 2012
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this is similar to ronald reagan in 1980. jimmy carter went out and tagged him as reckless all the rest of it. once people saw reagan in the debate all of sudden the tide turned and he won a dramatic landslide. this could happen this time. i'm not predicting landslide but predicting a a victory. bill: two days ago i watched upstairs watching a monitor, you pointed to it and said he is already a different person. what do you see in mitt romney? >> i think obviously when you've been down and beat up and you have a little disarray in your campaign and your family is worried how it is being run a big vick gets you in a different mindset. he senses the crowd. he fees it. he feels he can win. i think that is always reencouraging to a candidate. bill: gives him more confidence. >> absolutely. bill: ill will get to tomorrow night's debate in a moment here. look what is happening in new hampshire. what was it a week ago? mitt romney was down 15 points. according to the latest poll. look to the far right of your screen. blue is obama,
this is similar to ronald reagan in 1980. jimmy carter went out and tagged him as reckless all the rest of it. once people saw reagan in the debate all of sudden the tide turned and he won a dramatic landslide. this could happen this time. i'm not predicting landslide but predicting a a victory. bill: two days ago i watched upstairs watching a monitor, you pointed to it and said he is already a different person. what do you see in mitt romney? >> i think obviously when you've been down...
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Oct 13, 2012
10/12
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CNN
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. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, enacted after his death, took the top marginal tax rate from 91% to 71% over a two-year period. lots of loopholes, but the growth argument, gdp rose by barely a percent during that time. isn't much when the economy was growing at a rate like china's, but the u.s. was at the time. they got a boost, but not much of one. ronald reagan's first big tax cut went into effect, and the economy did surge. economic growth went from 4.9% to north of 8%. year three, not so impressive. look at quarters, there were some drops. for perspective, today, the top marge call tax rate is 30%, not like are you at 70 or 90. can a r
. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now....
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Oct 12, 2012
10/12
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look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because both have been debating and voting on the senate. but the position of the administration, which biden said clearly, turning the paul ryan, why won't you a least let us preserve the middle class tax cuts for those making under $250,000. neil: he kept mentioning 1 million. >> there were several illustrations there. neil: so was he talking about the change of the administration? >> i don't think so. we voted on both plants. the most recent preserve the tax cut for those -- neil: so it's not a million comments 250,000? >> i still do. i still think so. the republican filibuster stopped us from preserving these middl
look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because...
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Oct 12, 2012
10/12
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biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago was asked, golf, you pay 14% on $20 million. some are making $50,000 pay more than that. do you think that's fair? he said, oh, yes, that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, there's not enough -- the reason why the aei study, the american enterprise institute study, the tax policy center study, the reason they all say it's going to go up on the middle class, the only way you can find
biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago...
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Oct 14, 2012
10/12
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FBC
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ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth year in a row. the administration does not have a lot of bragging rights. 15% on f
ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business...
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Oct 13, 2012
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CURRENT
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. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective source that this could cost treasury 5 tril
. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i...
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Oct 13, 2012
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. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected should those that believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or interrupting a guy who's lying to america? >> it was openly contemptuous and disrespectful. >> karen finney on the right wing freak-out over joe biden's knockout performance. >> ever felt that way where you just want to deck somebody? >> an obnoxious drunk. i think somewhere during the debate he took ridlin. >>> good to have you with us tonight, folks. thanks for watching. what did we see? we witnessed a schooling on the issues by vice president joe biden last night. it really was the shot in the arm the democrats and the progressives were hoping for. after watching mitt romney get away with lie after lie l
. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected should those that believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or...